Top 5 Moonriver DeFi Platforms in April 2022!

S1mple Finance
3 min readApr 25, 2022

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Today we are taking a look at the top Moonriver blockchain performers in the DeFi industry for this month!

What is DeFi?

Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes the control banks and institutions have on money, financial products, and financial services.

#5 Polkamarkets

Polkamarkets is an Autonomous Prediction Market Protocol built for multi-chain information exchange and trading where users take positions on outcomes of real-world events–in decentralized and interoperable EVMs.

Polkamarkets website: https://www.polkamarkets.com/

Supported blockchains: Moonriver, Moonbeam

#4 Huckeberry

Huckleberry is a community driven AMM crosschain DEX and lendin’ platform built on Moonriver. Everything we do is community driven which allows all users to have a say in the future direction of the DEX.

Huckleberry website: https://www.huckleberry.finance/

Supported blockchains: Moonriver

#3 Moonwell

Moonwell is an open lending, borrowing, and decentralized finance protocol built on Moonbeam and Moonriver. Moonwell’s composable design can accommodate a full range of DeFi applications in the greater Polkadot and Kusama (DotSama) ecosystem.

Moonwell website: https://moonwell.fi/

Supported blockchains: Moonriver

#2 RomeDAO

RomeDAO is a community project with no central team. It’s a community project built by and for the community. This means it’s up to the community contributors to build a prospering Rome.

RomeDAO website: https://romedao.finance/

Supported blockchains: Moonriver

#1 Solarbeam

Solarbeam is a decentralized exchange, providing liquidity and enabling peer-to-peer transactions on the Moonriver Network. We are currently the leading DEX on the network. The goal is to provide a comprehensive and convenient, one-stop platform for the cryptocurrency community.

Solarbeam website: https://solarbeam.io/

Supported blockchains: Moonriver

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